In a filing, Toast Inc revealed its Member of immediate family of Fredette Stephen acquired Company’s shares for reported $2.49 million on Mar 17 ’25. In the deal valued at $35.03 per share,70,987 shares were bought.
Then, Fredette Stephen bought 47,073 shares, generating $1,648,993 in total proceeds.
Before that, PATRICK DEVAL L sold 34,222 shares. Toast Inc shares valued at $1,129,531 were divested by the Director at a price of $33.01 per share. As a result of the transaction, PATRICK DEVAL L now holds 13,260 shares, worth roughly $0.46 million.
Oppenheimer initiated its Toast Inc [TOST] rating to an Outperform in a research note published on January 24, 2025; the price target was $46. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who began to cover the stock in early January with a ‘”an Outperform”‘ rating. DA Davidson also remained covering TOST and has decreased its forecast on December 05, 2024 with a “Neutral” recommendation from previously “Buy” rating. Goldman revised its rating on December 02, 2024. It rated TOST as “a Neutral” which previously was an “a Buy”.
Price Performance Review of TOST
On Monday, Toast Inc [NYSE:TOST] saw its stock jump 1.07% to $34.83. Over the last five days, the stock has gained 4.00%. Toast Inc shares have fallen nearly -4.44% since the year began. Nevertheless, the stocks have risen 38.82% over the past one year. While a 52-week high of $44.12 was reached on 02/18/25, a 52-week low of $21.32 was recorded on 03/10/25. SMA at 50 days reached $37.92, while 200 days put it at $31.45.
Levels Of Support And Resistance For TOST Stock
The 24-hour chart illustrates a support level at 34.17, which if violated will result in even more drops to 33.52. On the upside, there is a resistance level at 35.31. A further resistance level may holdings at 35.80. The Relative Strength Index (RSI) on the 14-day chart is 44.38, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 61.62%. Stochastics %K at 25.92% indicates the stock is a holding.
How much short interest is there in Toast Inc?
A steep rise in short interest was recorded in Toast Inc stocks on 2025-02-28, dropping by -3.18 million shares to a total of 26.94 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 30.12 million shares. There was a decline of -11.81%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on November 20, 2024 when Compass Point began covering the stock and recommended ‘”a Buy”‘ rating along with a $49 price target.
